Published On: Sun, Dec 1st, 2013

FMC Approves Satyananda Mishra Appointment as the Chairman of MCX

Satyananda Mishra, Chairman, MCX

Satyananda Mishra, Chairman, MCX

MCX received an approval 28 November from the Forward Markets Commission (FMC) for the appointment of Mr. Satyananda Mishra (IAS Retd.) as the Chairman of MCX’s board. He was appointed as FMC approved Independent Director on its board for a period up to March 31, 2016, yesterday (November 27, 2013).

In an illustrious career spanning 40 years, Mr. Mishra, an IAS officer of 1973 batch, has held several prestigious positions. He was appointed by the President of India, first as Information Commissioner from September 5, 2008 to December 2010, and later as Chief Information Commissioner, Government of India from December 19, 2010 to September 2013. The other positions of significance held by him include Secretary, Department of Personnel & Training (DoPT).

The commission also approved the appointment of Mr. G. Anantharaman (IRS Retd.), former SEBI whole-time member, as the Chairman of the Audit Committee. Moreover, Mr. Ravi Kamal Bhargava (IAS Retd.) was appointed as the Chairman of the Remuneration Committee of the Exchange. These appointments are in line with revised FMC guidelines dated August 12, 2013.

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